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What is the volatility (standard deviation) of an equally weighted portfolio of stocks within an industry in which the stocks have a volatility of 50%

What is the volatility (standard deviation) of an equally weighted portfolio of stocks within an industry in which the stocks have a volatility of 50% and a correlation of 45% as the portfolio becomes arbitrarily large?

Volatility (standard deviation) is __%. (Round to two decimal places)

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